Gold Skyscraping

Twinkle ,Twinkle little gold,
How I wonder,what you hold,
Up above the world so high,
Like a comet in the sky.



Gold is a fine asset.
It is a safe investment.
It has lot of potential value.
It needs no space to be stored.
It is a physical ,tangible property.
It is subjected to volatality, to a certain extent.
It commands respect.
It promises pride.
It predicts wealth.
It possesses significant sentimental notation.


The lure for this metal is understandable.
India has a special emotional commitment to gold.
A simple marriage requires a minimum of 40 grams.
A wedding of moderate threshold calls for half a kilo og gold.
A grand wedding is a show of of kilos of gold, kilos of silver, and carats of diamonds.
The Indian attraction to gold is from time memorial.
Every woman accumulates gold with what little she can save in her monthly expense.
So the Indian household has a stong coer of this valuable metal.



As the price range is glaring and glistening, there is a constant buy out, not to talk about the 200 tons bought by India rom IMF, for a resolution of $7 billion.
The Indian purchase , has stimulated the price rise of gold, much to the varied expectation of the analysts.
Gold will reach $1500 level soon, is the expectation.
Chances are bright.
Let us wait.